Remind me again: what happened in 2008?

July 24, 2023 10:03 am by CWR

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Two weeks ago, mortgage rates have surged, with the average rate for a 30-year fixed mortgage reaching 7.22%, the highest since early November.

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— unusual_whales (@unusual_whales) July 21, 2023

See also Bid up asset markets until they explode due to feedback through the economy. 30-year treasury real yields at 2008 levels, bond market worried beyond inflation.

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h/t Simian_Stacker

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